When it Comes to the Fed, The Shadow Knows

When it Comes to the Fed, The Shadow Knows

Reminiscent of Orson Welles’ iconic narration of The Shadow radio show in the late 1930s, where the Shadow could control the mind of men so they could not see him; economic forecasts today have been clouded by the Federal Reserve Bank’s unconventional monetary policy as historical patterns and correlations used in previous  models have been rendered useless. A new quantitative model, pending publication, may illuminate a solution.

The problem<

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